The _____ contract is generally used in plant and equipment maintenance agreements, where the supplier cannot determine accurate costs prior to the repair service.
a. fixed-price with redetermination
b. firm fixed price
c. cost-sharing
d. time and materials
e. cost plus fixed-fee
Question 2For some product categories, customers simply have come to expect finding products priced at customary levels. The expected prices for such products are referred to as:
a. Price lines.
b. Price points.
c. Standard prices.
d. Promotional prices.
e. Psychological prices.
Question 3In the _____________________________
_ stage, a checklist is usually developed to screen for product ideas that do not meet important market-related criteria..
Fill in the blank(s) with correct word
Question 4A way to decrease counterarguments is through the disrupt-then-reframe technique.
Indicate whether the statement is true or false
Question 5Large metal boxes that fit on trucks, ships, railroad cars, and airplanes and ease the frequent transfer of goods in international shipments are called intermodal containers, which are a solution to the packaging problem in international logistics.
Indicate whether the statement is true or false
Question 6With pure ______ contracts, allowable costs are shared between the parties on a predetermined percentage basis.
a. cost-sharing
b. time and materials
c. fixed-price with incentives
d. cost plus incentive fee
e. fixed-price with redetermination
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